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Technology Stocks : ROSS SYSTEMS a turnaround?

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To: bob zagorin who wrote (2723)2/25/1999 10:20:00 AM
From: bob zagorin  Read Replies (1) of 3067
 
Ross Systems Announces General Availability for Renaissance CS Maintenance Management Release 4.3

ATLANTA, Feb. 25 /PRNewswire/ -- Ross Systems, Inc. (Nasdaq: ROSS), the leading provider of ERP systems to the mid-tier process manufacturing market, today announced general availability for Renaissance CS Maintenance Management Release 4.3, Ross' fully integrated, maintenance management system. Renaissance CS Maintenance Management Release 4.3 provides significant new capabilities and enhancements in usability, integration and preventive maintenance management, which enhance an organization's ability to reduce capital equipment costs while maximizing equipment life and efficacy.

"Renaissance CS Maintenance Management Release 4.3 is proof of our commitment to maintaining our leadership in the process manufacturing marketplace," said Don Campbell, Ross' vice president of worldwide marketing. "Having maintenance management fully integrated as a key component of our enterprise resource planning offering provides tangible benefits to organizations. For example, if a manufacturing schedule shows a production run, yet the capital equipment requires proactive maintenance, the system can give management ample warning to make informed decisions accordingly."

The latest release of Renaissance CS Maintenance Management Release 4.3 includes the following capabilities and advantages:

-- Preventive Maintenance Triggers: Provides ability to receive, manage

and trend data points to be used in triggering maintenance activities

based on asset and process operational values. These multiple

preventive maintenance triggers provide organizations with the ability

to improve management of preventive maintenance activities.

-- Moving Average Mean Time Between Failure (MTBF) and Mean Time Between

Repairs (MTBR): Provides and maintains MTBF and MTBR calculations for

each asset and recalculates at the completion of each work order.

Additionally, enhanced maintenance management reporting for MTBF and

MTBR are available. These calculations allow the user to be more

pro-active in maintenance management, thereby ensuring greater

predictability and effectiveness.

-- EMU/Euro Support: For global companies or companies operating in

Europe, Renaissance CS Maintenance Management Release 4.3 is now EMU

compliant and supports the euro. Since Renaissance CS Maintenance

Management Release 4.3 is integrated with Renaissance CS Financials,

support for the euro provides organizations with the ability to utilize

the new currency in daily transactions such as work orders and purchase

orders. In addition, Renaissance CS has rich conversion capabilities

including the ability to convert historical data, currency-specific

data, and vendor records from current currencies to the euro. The Ross

Systems euro solution uses the official triangulation method for the

triangulation conversion process.

-- Streamlined Management Functions: To help improve productivity and

ease of use for maintenance management users, Renaissance CS

Maintenance Management Release 4.3 streamlines numerous management

functions such as work order search, approval, and completion. These

functions build on the previous release which completely re-engineered

the navigation for intuitive flow and conformance to standards, and

which developed and introduced a robust work order search engine.

Many enterprises miss significant opportunities by running with a mix of business systems with various levels of incompatibility. The goal of a maintenance department is to provide their customers, typically operations, with maximum asset availability at the lowest possible cost. Without tight integration of all information system components, strategic information from one system is never fed to the other system. For example, run time parameters on manufacturing equipment, which should be used to automatically initiate maintenance work on a proactive basis, never makes it from the manufacturing system to the maintenance system. The end result is that maintenance is driven more towards reactive work, invariably incurring higher costs than they would experience if repairs were initiated before the end of an asset's life cycle. By taking advantage of the recent advancements delivered in Ross maintenance solutions, customers are in a better position to take advantage of the efficiencies gained in a single, fully integrated ERP system, which includes maintenance management.

For detailed information on Ross Systems product direction and technology vision, clients are invited to attend ROSSWORLD '99, the Ross Systems International User Group meeting to be held April 25-29th in Orlando, Florida. More information is available on www.rossinc.com.

About Ross Systems

Ross Systems, Inc. is a leading provider of enterprise software solutions for the process manufacturing, healthcare, and public sector markets. Ross Systems solutions are differentiated by their strong fit to specific industries, their strong product functionality and integration, and the firm's ability to produce rapid results and ROI for its mid-market clients. The flagship product, Renaissance CS, comprises a broad range of applications including financials, manufacturing, supply chain management, maintenance management, transportation management, materials management, and human resources/payroll. More than 3200 companies around the world use Renaissance CS in open systems environments including NT and UNIX. Ross Systems employs over 650 professionals in more than 60 offices around the world to serve its customers. Ross Systems, Inc., Two Concourse Parkway, Suite 800, Atlanta, Georgia 30328, 770-351-9600, 1-877-ROSS-INC, www.rossinc.com. Investors looking for Ross Systems press releases, SEC filings, current price quotes and other information may visit www.hawkassociates.com, or contact Frank N. Hawkins, Jr. or Julie Marshall at Hawk Associates, Inc., 305-852-2383.

Renaissance CS is a registered trademark of Ross Systems, Inc. All other trademarks are the property of their respective holders.

SOURCE Ross Systems, Inc.
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